Holding a jump ring in place with pliers? Frustrating... Holding it in place with forceps (hemostat)? A relief... Keep your hands away from the heat, and don't worry about the ring slipping out when you use this tool. (I'm referring to low temp soldering with a tool like the choice soldering iron). It took me a couple tries to learn how to get the forceps open with one hand, but once you do, you will love it.